The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
Score breakdown
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0720588452
Resignation: (manager)
Reappointment: (director) · “Het optreden als bestuurder,volmachtdrager,mandataris of vereffenaar in andere vennootschappen of…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 16-12-2019 · Gazette deed
Resignation: (manager)
Director discharge: (manager) · General meeting of 24-07-2019 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares · Founders: and · Appointments: (manager) and (manager) · published on 13-02-2019 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as VARE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.5m and €2.1m, founded between 2015 and 2021.
The company number of VARE is 0720.588.452. The VAT number is the same number with BE in front: BE 0720.588.452.
Where is VARE based?
The registered office is at Hallaarstraat 51B, 2222 Heist-op-den-Berg.Company details
What does VARE do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of VARE?
VARE is a private limited company (BV).
When was VARE founded?
VARE was founded on 11-02-2019.
Is VARE still active?
Yes, VARE is an active enterprise in the KBO register.
What is the turnover of VARE?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €59,030 and 65 comparable companies (NACE 70200). It probably lies between €85,000 and €180,000. In financial year 2021 turnover was €94,285.Financials
Is VARE profitable?
In financial year 2025, VARE made a profit of €32,883.
Where can I find the annual accounts of VARE?
VARE filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VARE due?
VARE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline